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[The Bell] [2022 PMI Forum] "MAC Clause Becoming a New Risk Variable in M&A" - Ho Joon Moon, Lee & Ko Partner

다음
Type
Press & Releases
Published on
2022.11.18
Publication Date: November 18, 2022
The Bell reported on Ho Joon Moon’s presentation in the Private Market Investment Forum. Mr. Moon, partner at Lee & Ko, delved into the legal risk presented by the Material Adverse Effect/Change (MAC) clause in M&A deals. “Recently, there have been two Korean court cases which recognized the existence of MAC,” he said and emphasized that, “until now the MAC threshold was viewed to be stringent, but due to these precedents, the parties have no choice but to negotiate carefully over MAC definition and exceptions.”
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